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Bambino Mio Limited Newell Brands 2012 Ltd SGS United Kingdom Ltd Zip Us In Ltd Dorel UK Kid Rapt Ltd Silver Cross UK Ltd My Carry Potty Prince Lionheart UK Ltd Hippychick Ltd Opus Innovations Ltd Nuby UK Snuggle Sac Company Ltd (The) CuddleCo Ltd Kerrikids Ltd t/a babocush BubbleBum (UK) Ltd FIRA International Ltd Britax Cosatto Ltd Kaleidoscope Communications Bureau Veritas Consumer Product Services UK Ltd Hauck Group Ltd Cuddledry Ltd East Coast Nursery Ltd PacaPod Ltd Harry & Rose SHNUGGLE LTD iCandy World Limited And Design Ltd Kit for Kids Ltd High Street Textile Testing Services Premiere Baby Ltd t/a MOBA Summer Infant Europe BabyStyle UK Ltd Apramo UK Ltd Chicco UK Relyon Ltd LittleLife TotsBots Ltd Columbus Trading Partners Mamas and Papas Ltd Kiddy Children's Products UK Ltd Infababy Gro Company (The) Cheeky Rascals Ltd Mayborn Group Hardenberg&Co Ltd Bugaboo International BV Boori Europe Ltd Totseat Ltd Tee-Zed Products Ltd Innovative Baby Products Ltd Clippasafe Ltd Obaby Ltd David Lowe & Co Ltd Steribottle Ltd Huggabubba Ltd Sweet Dreamers Ltd Red Kite Baby Company Ltd (The)

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You may be entitled to tax relief

12/9/2019

You may be entitled to tax relief

The Baby Products Association has teamed up with leading innovation tax specialist GovGrant to offer members a range of services that could save businesses thousands of pounds.

In the UK, companies can claim tax relief for research and development (R&D) activities. This government scheme is designed to boost innovation by supporting businesses which seek to improve or overcome challenges or uncertainties in their products and processes. The scheme is administered by HMRC.

Many companies may not realise that they are eligible for this tax relief, but in fact 95 percent of those applying to GovGrant will qualify. In fact, there are already many companies in the baby products sector already claiming this relief – so there is a good chance that you could to. For example:

Already claiming R&D tax relief?

On average, GovGrant claims to have increased existing tax credit applications by 200 per cent by finding the full potential of each claim. For example, the company will go back for two years to improve all claims and reports so that opportunities are not lost. The company boasts a 100 per cent success record for R&D claims and is happy to work alongside company accountants to complement their skills.

In addition, GovGrant offers a range of Intellectual Property (IP) services to help companies to commercialise their IP including a potential reduction on corporation tax on patents held.

Baby Products Association member benefits include:

For more information and to discuss whether you may be entitled to a claim, email: steve.thomas@govgrant.co.uk or call him on 07704 146773 quoting that you are a Baby Products Association member or visit www.govgrant.co.uk

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